Inclusive cognitive hierarchy

Koriyama, Yukio; Ozkes, Ali Ihsan

doi:10.1016/j.jebo.2021.04.016

Cited by 7 publications

(1 citation statement)

References 51 publications

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“…Cognitive hierarchy is a framework for understanding and predicting responses to natural resources usage and the formation of behavior based on cognitive values and beliefs in the field of social psychology (Zhang et al, 2020 ). The cognitive hierarchy is mostly represented by an inverted pyramid with different levels (Koriyama & Ozkes, 2021 ). This model represents a linear structure that starts from value orientations and continues to patterns of beliefs, attitudes, behavioral intentions, and behaviors.…”

Section: Introductionmentioning

confidence: 99%

Hierarchy of value orientation and beliefs in climate change influencing the farmers’ extractive or non-extractive behavior on the farm

Karami

2023

Environ Dev Sustain

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Understanding drivers of farmers’ extractive and non-extractive behavior regarding natural resources has become increasingly important in the face of anthropogenic climatic change, which is a major challenge in today’s world. Non-extractive behavior on the farm refers to the use of natural resources to the extent that it is possible to renew the context and not harm nature and non-renewable resources. Extractive behavior on the farm is associated with the extensive extraction of natural resources without provision for their renewal such as digging deeper wells instead of using water optimally, using chemical fertilizers with more repetition and higher dosage instead of the bio-fertilizers, and as a later result more climate change. To successfully respond human-made climate change using a cognitive hierarchy model, the influence of values on belief and behavior was assessed by a survey method among farmers of Zanjan province, Iran. A representative sample of 265 farmers was surveyed using proportional randomized multi-stage sampling. The results revealed that value orientation significantly elucidated 21% of the variability in non-extractive behavior and 26% of extractive behavior variance in a direct way and through beliefs in climate change. The recommendations have been presented to increase farmer’s efforts to reduce their ecological footprint in nature.

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Section: Introductionmentioning

confidence: 99%

Hierarchy of value orientation and beliefs in climate change influencing the farmers’ extractive or non-extractive behavior on the farm

Karami

2023

Environ Dev Sustain

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Bounded rationality for relaxing best response and mutual consistency: the quantal hierarchy model of decision making

Evans

Prokopenko

2023

Theory Decis

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While game theory has been transformative for decision making, the assumptions made can be overly restrictive in certain instances. In this work, we investigate some of the underlying assumptions of rationality, such as mutual consistency and best response, and consider ways to relax these assumptions using concepts from level-k reasoning and quantal response equilibrium (QRE) respectively. Specifically, we propose an information-theoretic two-parameter model called the quantal hierarchy model, which can relax both mutual consistency and best response while still approximating level-k, QRE, or typical Nash equilibrium behavior in the limiting cases. The model is based on a recursive form of the variational free energy principle, representing higher-order reasoning as (pseudo) sequential decision-making in extensive-form game tree. This representation enables us to treat simultaneous games in a similar manner to sequential games, where reasoning resources deplete throughout the game-tree. Bounds in player processing abilities are captured as information costs, where future branches of reasoning are discounted, implying a hierarchy of players where lower-level players have fewer processing resources. We demonstrate the effectiveness of the quantal hierarchy model in several canonical economic games, both simultaneous and sequential, using out-of-sample modelling.

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Boundedly Rational Agents in Sequential Posted Pricing

Huang,

Deng

2023

J. Shanghai Jiaotong Univ. (Sci.)

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Inclusive cognitive hierarchy

Cited by 7 publications

References 51 publications

Hierarchy of value orientation and beliefs in climate change influencing the farmers’ extractive or non-extractive behavior on the farm

Hierarchy of value orientation and beliefs in climate change influencing the farmers’ extractive or non-extractive behavior on the farm

Bounded rationality for relaxing best response and mutual consistency: the quantal hierarchy model of decision making

Boundedly Rational Agents in Sequential Posted Pricing

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